Southwest Airlines Co.

LUVNYSEIndustrials● Active

$41.18

$-0.36(-0.87%)

Market Cap$20.1B

P/E Ratio—

52W High$55.11

52W Low$28.98

Avg Volume7.9M

Open$41.54

Beta1.16

Overview

Southwest Airlines Co. (LUV) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

LUV · net income · updated Jun 8, 2026

Core profitability metrics

LUV · net income · margin · TTM · CAGR

Net income was $441.0M for FY2025 (fiscal year ending 2025-12-31), down 5.2% year-over-year. Net profit margin was 1.6%. Based on available data, Southwest Airlines Co. has been profitable since at least 2011.

FY2025 Net Income$441.0M▼ -5.2% YoY

Trailing 12M (TTM)$817.0Mtrailing 4 quarters sum

Net Profit Margin1.6%$441.0M ÷ $28.06B

YoY Change-5.2%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · LUV net income history · LUV profit margin

Annual net income data

LUV · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025$441.0M▼ 5.2%1.6%$28.06B

FY2024$465.0M▲ +0.0%1.7%$27.48B

FY2023$465.0M▼ 13.7%1.8%$26.09B

FY2022$539.0M▼ 44.8%2.3%$23.81B

FY2021$977.0M▲ +131.8%6.2%$15.79B

Net income vs peers (Industrials)

LUV vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Southwest Airlines Co.YOU

LUV

$441.0M-5.2%1.6%

Space Exploration Technologies Corp.

SPCX

−$4.94B-724.1%-26.4%

Loss

Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Southwest Airlines Co. (LUV) reported net income of $441.0M for FY2025 (fiscal year ending 2025-12-31), down 5.2% year-over-year. The net profit margin was 1.6% — meaning the company kept $0.02 of every dollar of revenue as profit.

Based on available data, Southwest Airlines Co. has been profitable since at least 2011. Net income reached a peak of $3.49B in FY2017. Data available for 15 fiscal years.

Southwest Airlines Co.'s net profit margin was 1.6% for FY2025, based on the latest annual results.

Investors sometimes search for "Southwest Airlines Co. net worth" — the company's market capitalization is a separate figure from LUV net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

LUV net income · 5 questions

Southwest Airlines Co. is profitable. The company reported net income of $441.0M for FY2025, a net profit margin of 1.6%. Net income was down 5.2% year-over-year. Based on available data, Southwest Airlines Co. has been profitable since at least 2011.

is LUV profitabledoes LUV make a profitLUV profitabilityLUV profitable company

▸ Source: FMP /income-statement · GAAP · Southwest Airlines Co. · Southwest Airlines Co. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026